China ready to hit back at U.S. with rare earths: newspapers
China is ready to use rare earths to strike back in a trade war with the United States, Chinese newspapers warned on Wednesday in strongly worded commentaries on a move that would escalate tensions between the world’s two largest economies.
Russia to consider extending oil output cut with OPEC: deputy PM
Russia will carefully consider extending its oil output reduction agreement with the Organization of the Petroleum Exporting Countries (OPEC) and other producers, Russian First Deputy Prime Minister Anton Siluanov told Reuters on Wednesday.
MediaTek aims to take on Qualcomm with new 5G chip
Taiwan-based chip supplier MediaTek Inc on Wednesday released a new 5G chip for fast, high-end smartphones that aims to take on much larger rival Qualcomm Inc.
Huawei challenges legality of U.S. defense bill as sanctions fight ramps up
China’s Huawei Technologies Co Ltd has filed a legal motion seeking to declare a U.S. defense law unconstitutional, in the telecom equipment maker’s latest bid to fight sanctions from Washington that threaten to push it out of global markets.
Mexican authorities raid ex-Pemex chief Lozoya’s home: lawyer
Mexican authorities raided the home of the former chief executive officer of state oil firm Pemex, Emilio Lozoya, on Tuesday night when he was not home, his lawyer Javier Coello said in an interview with Milenio Television.
Huawei asks U.S. court to declare defense bill ‘unconstitutional’
China’s Huawei Technologies Co Ltd has filed a motion for summary judgment in its lawsuit against the U.S. government, according to a court filing in the United States, in the telecoms equipment maker’s latest attempt to fight sanctions from Washington…
Asian shares falter, bonds rally on global risk aversion
Asian shares sank on Wednesday and bonds rallied as investor sentiment soured over growing worries about world growth with trade tensions between Washington and Beijing showing no signs of easing.
Huawei ban puts South Korea in a familiar place: caught between the U.S. and China
Less than a week after Huawei Technologies was blacklisted by the United States, more than a hundred South Korean politicians and business leaders toured the Chinese tech giant’s headquarters and its lavish new campus outside Shenzhen.
China ready to hit back at U.S. with rare earths: ruling party newspaper
China’s Communist Party newspaper warned the United States on Wednesday that the country was ready to use rare earths to strike back in their bitter trade war, saying in an extremely strongly worded commentary “don’t say we didn’t warn you.”
Qualcomm asks U.S. judge to put anti-trust ruling on hold while chipmaker appeals
Qualcomm Inc on Tuesday asked a federal judge not to enforce her decision that it illegally squeezed out rivals in the smartphone chips market as it plans to file an appeal that could take more than a year to wind through the courts.
